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Form W-4V Bridgeport Connecticut: What You Should Know

You'll also need the amount of federal income tax withheld from your benefits. The information on the new W-4V doesn't change, so you must complete and mail Form W-4V to the Social Security Administration (SSA). To find out the amount of tax withheld from your social security benefits, you can use Form 2442, Social Security Disability Insurance (SDI) Withholding Certificate (Form W-3). If you make a tax election, you must also complete Form 2442. If you don't make a tax election, the SSA automatically withholds tax at the rate of 1.45 percent for SDI benefits. You can change the withholding rate either by changing your SDI payment, or by applying for an SDI payment adjustment (with Form 2495). Form 2495 is available to individuals with disability income. You can download it on the IRS.gov website and use the instructions to determine how much income tax is owed. To find out how much income tax is due, you can get Form 1040, 1040A and 1040EZ.

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